ARK Innovation ETF (NYSEARCA:ARKK) Shares Sold by White Knight Strategic Wealth Advisors LLC

White Knight Strategic Wealth Advisors LLC cut its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 2.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 24,305 shares of the company’s stock after selling 732 shares during the period. ARK Innovation ETF comprises about 1.0% of White Knight Strategic Wealth Advisors LLC’s holdings, making the stock its 24th biggest holding. White Knight Strategic Wealth Advisors LLC’s holdings in ARK Innovation ETF were worth $1,155,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC purchased a new stake in ARK Innovation ETF during the 2nd quarter worth approximately $26,000. Global Trust Asset Management LLC increased its position in shares of ARK Innovation ETF by 550.0% during the third quarter. Global Trust Asset Management LLC now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 550 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in shares of ARK Innovation ETF during the second quarter worth approximately $32,000. Strategic Investment Solutions Inc. IL acquired a new position in ARK Innovation ETF in the 2nd quarter valued at $34,000. Finally, Opal Wealth Advisors LLC purchased a new position in ARK Innovation ETF in the 2nd quarter valued at $37,000.

ARK Innovation ETF Stock Up 1.5 %

ARK Innovation ETF stock opened at $57.98 on Friday. The company has a fifty day simple moving average of $50.09 and a 200-day simple moving average of $46.43. ARK Innovation ETF has a 52-week low of $36.85 and a 52-week high of $58.38.

ARK Innovation ETF Profile

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is managed by ARK.